TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
|
Finance |
Chip Corder, Finance Director |
425-556-2189 |
|
Executive |
Malisa Files, Chief Operating Officer |
425-556-2166 |
DEPARTMENT STAFF:
|
Finance |
Kelley Cochran |
Deputy Finance Director |
TITLE:
title
2023-2024 Biennial Budget Public Hearing on the Capital Investment Program (CIP)
OVERVIEW STATEMENT:
recommendation
The 2023-2024 Biennial Public Hearing is the second public hearing on the City’s proposed 2023-2028 Capital Investment Program. Public Hearings are a chance for Council and staff to hear the priorities of the community as the City creates a budget for the next biennium.
body
☒ Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
☒ Receive Information ☐ Provide Direction ☐ Approve
REQUEST RATIONALE:
• Relevant Plans/Policies:
City of Redmond Fiscal Policies and budget procedures.
• Required:
Public hearings are required under Revised Code of Washington (RCW) 84.55 and RCW 35.34 allowing the Community to appear and give public testimony on the upcoming budget.
• Council Request:
Council requested a second hearing on the Capital Investment Program to allow the Community time to absorb the information presented at the Study Sessions on June 14 and 28, 2022.
• Other Key Facts:
N/A
OUTCOMES:
The Revised Code of Washington (RCW) 84.55 and 35.34 requires the City hold public hearings to collect community feedback on budget proposals. The first public hearing on the Capital Investment Program was held on July 5, 2022 after the Study Sessions introducing the proposed projects in the 2023-2028 CIP. The second public hearing will give the community added time to scrutinize the projects and provide input before the preliminary budget is presented to Council in October.
COMMUNITY/STAKEHOLDER OUTREACH AND INVOLVEMENT:
• Timeline (previous or planned):
A press release announcing the second public hearing was published online on July 26 and posted on eNews and social media on August 1 and 15, 2022.
• Outreach Methods and Results:
Notice will also be published on the City’s website under Public Hearing Notices
• Feedback Summary:
N/A
BUDGET IMPACT:
Total Cost:
N/A
Approved in current biennial budget: ☐ Yes ☐ No ☒ N/A
Budget Offer Number:
N/A
Budget Priority:
Strategic and Responsive
Other budget impacts or additional costs: ☐ Yes ☐ No ☒ N/A
If yes, explain:
N/A
Funding source(s):
N/A
Budget/Funding Constraints:
N/A
☐ Additional budget details attached
COUNCIL REVIEW:
Previous Contact(s)
|
Date |
Meeting |
Requested Action |
|
7/5/2022 |
Business Meeting |
Receive Information |
Proposed Upcoming Contact(s)
|
Date |
Meeting |
Requested Action |
|
N/A |
None proposed at this time |
N/A |
Time Constraints:
There are no time constraints on this item.
ANTICIPATED RESULT IF NOT APPROVED:
N/A
ATTACHMENTS:
Attachment A: PowerPoint Presentation 6.14.2022
Attachment B: PowerPoint Presentation 6.28.2022
Attachment C: Proposed General Government Capital Investment Projects
Attachment D: Proposed Utility Capital Investment Projects